Overall, Symbotic believes the two deals could boost its backlog by more than $5 billion and open up a new market for micro-fulfillment of customer orders. The new addressable mar ...

Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business.

Shares of robotics company Symbotic jumped Thursday morning after the company announced an expanded partnership with Walmart that includes Symbotic buying Walmart's robotics business, and Walmart ...

Symbotic acquires Walmart's Advanced Systems and Robotics for $200M, with up to $350M in contingent payments. The deal expands Symbotic’s market by $300B through automation of Walmart's Pickup ...

The acquisition of Walmart's Advanced Systems and Robotics Business deepens Symbotic's relationship with Walmart, potentially adding $5 billion to its backlog and expanding its market. Symbotic's ...

The retailer accounted for approximately 87% of Symbotic's total revenue of $1.82 billion in the fiscal year ended in September last year. Shares of Symbotic Inc. jumped on Thursday after the ...

Technology company Symbotic has struck a deal to expand its partnership with Walmart, taking on a $520 million program to develop an automated delivery platform for Walmart stores while also agreeing ...

Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Read more here.

Even after dealing with store closures and criticism over changes to its DEI policies, Walmart is doubling down on automation ...

Symbotic Inc. (NASDAQ:SYM) shares traded higher premarkets on Thursday after the company disclosed a deal to acquire Walmart Inc.‘s (NYSE:WMT) Advanced Systems and Robotics business. The ...

Symbotic and Walmart announced a pair of new deals Thursday that will see the robotics company and retail giant expand their partnership. Symbotic will buy Walmart's Advanced Systems and Robotics ...